Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago,
Any Canadians Investing in the US Marketplace?
I live in Toronto and even with our red hot market cooling down the capital requirements are up there (over 1.2M for a single-family fixer upper in Toronto). I am looking to step out of my comfort zone and try my hand at the US marketplace.
My main interest in flipping to build capital with the end goal to get into the BRRR model. Standard right? Meh, not so much.. with lots of cross border hurdles and red tape it is proving to be a pain in the ***.
Are there any Canadians here who have or looked into investing in the US marketplace?
I would be looking to structure my deals through my Canadian entities as a JV with my friends LLC down in Florida that way I can get my TN visa and live in the US for more than 6 months at a time.
My price entry point I'd like to keep between 150-200 at first with an ~30k rehab budget, what cities would you recommend? I think that limits me to class c neighborhoods but from my research those seem promising.
Thanks guys :)